Course Schedule Tentative Course Schedule WeekWeekReadings and VideosTopicAssignmentsDueWeek 1 3/5– 3/1Click here to read Chapter 1 Video on What is Economics (Scarcity)Video on What is Economics (Normative, Positive)Economic ThinkingDiscussion 1: Introduction & your thoughts about economics Multiple Choice Test 1 3/16Week 2 3/17 – 3/23Click here to read Chapter 2Video on What is Opportunity CostVideo on Opportunity Cost and TradeoffsVideo on Opportunity Cost: The Hidden Cost of EverythingChoice in a World of ScarcityDiscussion 2: Opportunity Cost Multiple Choice Test 2 3/23Week 3 3/24– 3/30Click here to read Chapter 3Video on Comparative Advantage Video on Comparative Advantage 2Demand & Supply, Comparative Advantage, Absolute Advantage & International TradeDiscussion 3: Choosing a country for future discussions Multiple Choice Test 3 3/30Week 4 3/31 – 4/6Click here to read Chapter 6Video on What is Gross Domestic Product (GDP)Video on Nominal vs. Real GDP Video: Measuring & splitting GDPMacroeconomic Measures – GDPDiscussion 4: GDP Multiple Choice Test 4 4/6Week 5 4/7 – 4/20Click her to read Chapter 7 on Economic GrowthVideo on Real GDP per capita and the Standard of Living Video on Measuring & splitting GDPGDP & Business CyclesDiscussion 5: Business Cycles Multiple Choice Test 5 4/20Week 6 4/21 – 4/27Click here to read Chapter 8 on UnemploymentVideo on Unemployment RateVideo on Shortcomings of Unemployment RateVideo on Frictional UnemploymentVideo on Structural UnemploymentVideo on Cyclical UnemploymentModule 6: Macroeconomic Measures – UnemploymentDiscussion 6: Unemployment Rate Multiple Choice Test 6 4/27Week 7 4/28 – 5/4Click here to read Chapter 9 on InflationVideo on Inflation Explained in One MinuteDeflation Explained in One MinuteVideo on Why Deflation is BadMacroeconomic Measures – Inflation and Price IndexesDiscussion 7: Inflation Multiple Choice Test 7 5/4Week 8 5/5 – 5/11Click here to read Chapter 9 on InflationVideo on Consumer Price IndexVideo on Cost of Inflation (Price Confusion & Money Illusion)Video on Cost of Inflation (Financial Intermediation Failure)Video on Causes of InflationVideo on Why Government Creates InflationVideo on examples of HyperinflationMacroeconomic Measures – Inflation and Price Indexes [Continuation] Multiple Choice Test 8 5/11Week 9 5/12 – 5/18Click here to read Chapter 17 on Government Budget and Fiscal PolicyVideo on Great DepressionVideo on KeynesiansVideo on AustriansVideo on Great RecessionKeynesian and Neoclassical EconomicsDiscussion 8: Keynesian vs. Classical Multiple Choice Test 9 5/18Week 10 5/19 – 5/25Click here to read Chapter 17 on Government Budget and Fiscal PolicyOptional Reading on Chapter 18 on Impacts of Government BorrowingVideo on Fiscal PolicyVideo on the Dangers of Fiscal PolicyFiscal Policy Multiple Choice Test 10 5/25Week 11 5/22 – 5/28Click here to read Chapter 14 on Money and BankingVideo on What is MoneyVideo on What do Banks DoVideo Federal Reserve before the Great DepressionVideo on Federal Reserve after the Great DepressionMoney and Monetary PolicyDiscussion 9: Share your thoughts Multiple Choice Test 11 5/28Week 12 5/26 – 6/8Click here to read Chapter 15 on Monetary PolicyVideo on Money MultiplierVideo on Monetary Policy and the Federal ReserveVideo on Monetary PolicyVideo on Inflation & Deflation: A hidden TaxMoney and Monetary Policy Multiple Choice Test 12 6/8ReviewFinal Examination June 11-14 Final Exam
